Rapid Fire Nov. 8, 2012: Boeing, EADS Weather Lower Mil Sales
- Sales at EADS are up 14.6% Y/Y for the 3rd quarter, to 12.3 billion euros (about $15.7B). So far this year, Cassidian has seen stable revenue, Astrium and Eurocopter are healthily growing, and commercial sales continue to pull ahead. Airbus Military on the other hand is having a tough year because A400M revenue is significantly below 2011 levels. The group’s total defense order book decreased by 1.7 billion euros to 51.1B. Financial statement | Presentation [PDFs].
- Reuters looks further in depth into the reasons behind the failure of merger talks between EADS and BAE: “For Germany, this was a not just a battle for jobs, but for know-how and control.”
“operational test authorities shall evaluate operational suitability based solely on their own independent scoring of reliability failures treating externally-generated failure definitions and scoring criteria as guidance only.”
- The PEO LCS will have a Technology Day on Nov. 30 in West Bethesda, MD to launch the program’s Rapid Technology Insertion (RTI) process. FBO.
- The Pentagon gave David Packard awards to the Navy’s DDG 51 shipbuilding program and the Army’s Project Manager Combat Ammunitions Systems. The awards are meant to recognize “superior management and accomplishment in the successful execution of one or more of the Better Buying Power acquisition efficiency initiatives.”